Highlights | | | | World 2023: a year of mixed results in casual and outdoor Apr 30, 2024 / World In a challenging year for retail, marked by high inflation and weaker consumer demand, we looked at how some of the key players in the casual and outdoor segment are faring and whether some may be poised for a comeback | | | | | | World Portuguese consortium launches 34 cutting-edge solutions to have the world’s most advanced industry Apr 29, 2024 / Portugal As part of a consortium led by Carité and coordinated by CTCP, several companies are working to develop 34 innovative products by the end of next year to make the Portuguese footwear industry the most qualified in the world | | | | | | Companies Kering expects H1 recurring operating income to decline by 40-45% Apr 25, 2024 / France The French-based luxury giant expects its first half operating profit to plummet by 40% to 45%, after reporting a 10% year-over-year fall in sales, largely due to the weak performance of Gucci | | | | | | Companies Asos announces stock reduction ahead of target Apr 24, 2024 / United Kingdom The online retailer widened its losses in the first half of its fiscal year, but said its turnaround plan was progressing well, highlighting that it had reduced its stock levels ahead of target | | | | | | Companies JD Sports announces acquisition of Hibbett Apr 26, 2024 / United Kingdom The British sports retailer has proposed to buy the US sportswear retailer Hibbett for around 1.08 billion USD. The move will allow JD Sports to expand its business in the North American country | | | | | | | Next Events | | | | | | May 1-May 4, 2024 | Istanbul- Turkey | | | May 1-May 4, 2024 | Lahore- Pakistan | | | May 2-May 4, 2024 | Istanbul- Turkey | | | Know more | |